Editorial Board

China's Welcome Action Against North Korea

Tougher sanctions can at least slow Pyongyang's nuclear progress.

North Korean cargo will be stranded.

Photographer: AFP/Getty Images

The new sanctions that China has reportedly agreed to impose on North Korea are truly a “major upgrade” to existing penalties, as American diplomats say. To make sure they are ultimately effective, however, it’s important to appreciate their limitations.

Sanctions: Financial Warfare